EQUATE names Tareq Al-Kandari as Senior Executive

Press release

Published January 17th, 2011 - 09:41 GMT

Al Bawaba

EQUATE Petrochemical Company announced the appointment of Tareq Jafar as Senior Executive for Business Development.

Al-Kandari takes over this position after more than 25 years of service that included a number of leading posts within and outside Kuwait at Petrochemical Industries Company (PIC), EQUATE, establishing EQUATE II joint-venture, and MEGlobal where he was Deputy CEO..

The selection of Al-Kandari stems from his experience, qualifications and competencies that will greatly benefit EQUATE as a world-class company. To EQUATE, human resources are its most valuable asset and Al-Kandari’s appointment is a boost to its focus on attracting qualified national manpower which form over 55% of its human resources from over 25 countries.

Al-Kandari’s responsibilities include business and asset development, business analysis, as well as Six Sigma functions which are critical to EQUATE’s overall development and growth.

Background Information

EQUATE Petrochemical Company

Established in 1995, EQUATE is a global producer of petrochemicals which participates in the creation of a better world, by providing reliable services and solutions, enabling global customers and stakeholders to grow and attain the success they seek. EQUATE’s shareholders are Petrochemical Industries Company (PIC), The Dow Chemical Company (Dow), Boubyan Petrochemical Company (BPC), and Qurain Petrochemical Industries Company (QPIC).